Valparaiso, IN Real Estate
According to census data in the year 2000 there were 11,659 housing units in Valparaiso.
This represents a 25.5% growth from 9,293 in 1990.
Of those housing units, 11,635 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Valparaiso is about 54.8%.
Valparaiso's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Valparaiso were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.90% |
| One Bedroom | 16.70% |
| Two Bedrooms | 32% |
| Three Bedrooms | 32.90% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $121,700 |
| Median Price asked for vacant units | $127,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.78 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $558 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 9.20% |
| Simple Mortgage | 54.10% |
| Debt Free | 26.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
